£348,044
This estimated value is based upon the latest sale price for the house of £273,000 on 7 Jul 2017. This value is then adjusted by the current Official House Price Index for LUTON 1
There has been one burglary within the last year on or near Fairfax Avenue
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Leagrave Train Station, 9 Compton Avenue, Luton, LU4 9AX
Phone: 01582936711
Price Paid | Date |
---|---|
£273,000 | 7 Jul 2017 |
£60,000 | 18 May 1998 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for LUTON to estimate the market value.
When this house was purchased in July 2017 the House Price Index for LUTON was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £273,000 results in an estimated price of approximately £348,044.
7 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £273,000 | £75,044 | £348,044 |
The Postcode Pricing Model uses changes in average sales price within the LU3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 21.820 % | £59,569 | £332,569 |
3 Month Average | 18.935 % | £51,692 | £324,692 |
6 Month Average | 31.413 % | £85,758 | £358,758 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £323,924 | £320,000 | 1 PARK VIEW CLOSE |
10 Mar 2023 | £302,853 | £300,000 | 21 FAIRFAX AVENUE |
21 Nov 2022 | £96,827 | £98,000 | 1 - 3 FAIRFAX AVENUE |
14 Oct 2022 | £286,911 | £290,000 | 36 FAIRFAX AVENUE |
31 Aug 2022 | £324,128 | £325,000 | 4 HIGH BEECH ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 21 Jan 2017. Using an estimated price of £348,045 means this house is valued at £4,000 per sq meter (£371 per sq foot).
The average size of a house on FLORENCE AVENUE is 87 sq meters (942 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfax Avenue |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Fairfax Avenue |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near High Beech Road |
Feb 2024 | Criminal damage and arson | Under investigation | On or near High Beech Road |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Sutton Gardens |